Hope Island is one of the Gold Coast’s most exclusive suburbs. Home to an enclave of exclusive housing estates, such as Sanctuary Cove and Hope Island Resort, with several world class golf courses meandering in between.
The property website Domain are currently running a series of articles on selling a property, covering aspects from presentation and market advise, to sales tactics and the conveyancing process itself.
Brisbane came alive this weekend for the annual Teneriffe Festival. The streets were lined with a festival of food, markets and entertainment.
So you’ve spent countless weekends scouring the suburbs of Brisbane, or the Gold Coast for that perfect property and you think you’ve finally found ‘the one’ and are ready to put in an offer and sign a contract of sale. It’s right about now that you need to tap the brakes every so slightly. There’s no point rushing in and signing your name, as the entire conveyancing process will be dictated by this contract, so you want to make sure you’ve got it right before signing.
So you’ve had your property on the market for a while and have now signed a contract of sale and sold your property. First of all congratulations on the sale! While getting that offer may be exciting at first, we’re sure that a bit of stress is beginning to creep into your mind as you start to consider the long list of things you now have to take care.
As a specialist property law and conveyancing law firm we deal with a lot of buyers, some who are experienced investors, whilst many are new to the property market and very unsure about the process. Our job is to make the buying process as easy as possible for you, so we thought we’d put together a few tips on making an offer on a property.
Climbing out of a substantial debt can seem impossible at times, particularly with the cost of maintaining your everyday life. Many fear being trapped forever in an endless cycle of minimum payments and compounding interest, but restoring your good financial standing is certainly an achievable goal.
We’ve written before about the different searches a solicitor will undertake as part of the conveyancing process when you purchase a property. One of these searches that must be undertaken as part of the process is a land tax clearance search. If you are taking out a mortgage to finance your purchase your mortgagee will require this prior to settlement, but in most cases your solicitor will undertake this search even if you are not taking out a mortgage in order to avoid you taking on a land tax liability.
Our house was a beautiful double-storey Edwardian in a bayside suburb of Melbourne. My parents had been lucky enough to buy in 1989, when you could still get houses in that neighbourhood for a relative song. When we moved in, it had just one storey and needed work. An upstairs was added and the entire back of the house extended. We made it ours and lived there for 25 years.
The current skyrocketing housing prices are having a huge affect on young buyers looking to enter into the property market for the first time. In a clear majority of cases first-home buyers are simply being priced out of the market and outbid at auctions, with the alarming jump in prices currently taking hold in Sydney, Melbourne and Brisbane.
You only have to open a newspaper, turn on the TV, or do a quick Google search to see the latest news on the growth of property prices along the east coast. While Sydney is grabbing the headlines, more recently the Gold Coast has streaked ahead, with a huge growth in prices being attributed to the upcoming Commonwealth Games.
